Business

Gasoline supplies to Russia’s domestic market are lagging behind last year’s benchmarks and the authorities’ targets to raise local sales.…

Russian mortgage debt reached new highs in May, surpassing 15 trillion rubles and marking a record level for household borrowings tied to home…

Oil is projected to stay the dominant energy source for at least the next twenty years, a trajectory shaped by the slow global transition to…

The ruble has continued to weaken against the US dollar during the intraday trading session, with market quotes showing a level near 89.2…

Qiwi Group, the owner of the well-known payment service, has completed the initial stage of its restructuring, bringing all Russian assets…

A high-level initiative emerged from the Prosecutor General of the Russian Federation, led by Igor Krasnov, to establish a dedicated working…

The Rosneft annual general meeting approved the final dividend for 2022 at 17.97 rubles per share. Rosneft’s press release notes that when the…

Ruble Volatility and Its Potential Ripple Effects on International Air Tours The current slide of the ruble against major currencies,…

Alfa-Bank has shared details about a growing collaboration with travel operators through its Alfa API, a direct channel that connects agencies…

Starting in September, payments from the Russian federal budget to oil industry participants are set to be cut by half. This change signals a…